Audio – FBI’s Burrus sees option manipulation cases declining

The stock options scandal has mushroomed to comprise one-eighth of the FBI’s corporate fraud caseload. Sixty-one of 492 pending cases involve alleged mispricing of options, such as backdating, but that number is seen declining says James Burrus, a Federal Bureau of Investigation assistant director who heads the agency’s criminal investigative division.

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Tim is a member of the companies editing desk, working from Washington D.C., with a focus on regulatory stories such as banking rules, antitrust matters, drug approvals and communications policy.
After training as an agricultural economist at Sydney University, Tim found a job at Australian Associated Press and never regreted entering journalism.